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BALCAO · BEVERAGES · SMALL CAP

Cirtran Corp. CIRX

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.1M
▲ 141.1% YoY
$-701,634

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

References to “us,” “we,” “our,” and correlative terms refer to CirTran Corporation and our three subsidiaries, LBC Products, Inc., CirTran Products Corp., and CirTran - Asia, Inc., through which we conduct our activities. In 2020, we completed phase one and two of our development of several HUSTLER®-branded products and launched our efforts to manufacture, distribute, and sell condoms, electronic cigarettes, electronic cigars, cigars, hookahs, hookah tobacco, energy drinks, water beverages, and related merchandise, all using the HUSTLER® trademark. We conduct these activities through our wholly owned subsidiary, LBC Products, Inc. (“LBC”), under a December 30, 2019, Exclusive Manufacturing and Distribution Agreement with GloBrands, LLC (“GloBrands”). As of December 31, 2025, we had four full-time employees, including our officers and directors, and twenty-three part-time contract workers.

Written from the business description in CirTran Corporation's annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth

USD 3.1M
Revenue, FY2025 · full 13-year series below
Revenue $M Net income $M
FY2025 · Revenue 3.1 · Net income -0.7
10.0M20.0M-2.5M-5.0M
20102013201920222025
Compound annual growth
+22.1%
+12.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +12.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−22 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -4.1% · Net -22.4%
500%1000%-2000%-4000%-6000%
201020192025
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.
Gross margin49.3%
Operating margin-4.1%
Net margin-22.4%
EBITDAUSD -127,923.00

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $
FY2023 · FCF -81021.0
200000400000-30000-60000
201020192025

Total assetsUSD 2.5M
EquityUSD -25.1M
Gross debtUSD 733,000.00
Current ratio0.09×

Equity funds -999% of total assets.

The 13-year record

13 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
CIRX, 13-year financial record
Metric 2025202420232022202120202019201820172013201220112010
Revenue $B0.00.00.00.00.00.0◌◌0.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B◌−0.0−0.00.0◌◌◌◌◌◌◌◌◌
Net income $B−0.0−0.00.0−0.00.00.0−0.0−0.0−0.00.0−0.0−0.0−0.0
Free cash flow $B◌◌−0.0◌0.00.0◌◌◌◌◌◌◌
EPS, diluted $−0.14−0.534.10−0.300.000.00−0.27−0.250.000.000.000.00◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————
ROE % — not applicable: negative equity—————————————
Shares out B0.000.000.000.000.000.000.000.004.504.462.541.821.50

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures · 4 divergences in 57 reconciliationsAUDITED

Reconciled in 9 of the 13 fiscal years we could check. 4 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. Six checks were skipped: the balance sheet is not tagged before 2010. Four checks were skipped: EPS is not tagged before 2011. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures4 divergent
ActivityBeverages
Listed onOTC market
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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